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Old 14-11-2011, 14:51   #3
mertle
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Join Date: Feb 2004
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Re: job market to be slow & painful contraction

Quote:
Originally Posted by Hugh View Post
And in other news, bears defecate in afforested areas.

Is is just me, or is anyone else not surprised that in the throes of a huge depression, with lots of countries having massive overdrafts and sovereign debt, and with consumers being more careful with their money, that there aren't many jobs being created?

btw, I don't know where you get 42 million from - last years stats show that out of 62.3 million, 11.6 million were pensioners, and 12.2 million were under 16; if you also take into consideration the 1.4 million University students, and the 700k sixth formers, that gets it down to 37 million.

Then you seem to have forgetten the disabled, the non-working mums and dads - seems like some figures are being over-egged to make a point....
figures slightly out but you get the net issue there will be reductions to the figures to make it more palitable. Nobody can deny not enough jobs out there but hell the theme seams to be to call them workshy. There was not enough jobs in last 20 years if not further just governments massaged figures to hide the scale issue.

Yes there recession coming governments in debt but its been totally manufactured right upto tee from those in banks who set to make mint on the loans to boost economies. Which incidently they now going to loan businesses more money well thats a suprise put more firms into a mess we will see firms goto the wall.

http://www.bbc.co.uk/news/business-15718590

We need to stop shareholders panicking maybe penalty fine for withdrawal I dont know whats the answer. Dont understand why they happy to milk the cow in good times but pull there money out first sign off trouble if it loses a little. Net result like pack of cards in pyramid they all pull out too many we see the result. Maybe tighter controls of the city stock markets is needed would argue the stock market is the crux issue to the mess. Too many companies overly rely on stock market value instead using there wealth to expand they give far too much away get loans to expand. Net result nothing there for those rainy days panick in the market. With that panick companies then are in trouble jobs go. Nip the crux issue we dont have the recession.

More in work more taxes more funds to governments I accept the mess been compounded by idiot polititians.
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